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Teck confirms QB2 delay and cost increase

Project delayed several months, cost increase mitigated by peso devaluation

Paul Harris
QBII in Chile

QBII in Chile

The estimate is a slight increase from the $5-5.2 billion prior estimate with cost escalation partially offset by the impact of a weaker Chilean peso. Teck approved the $4.7 billion QB2 for construction...

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